1. TIN - For a better tomorrow TAX INFORMATION NETWORK (TIN) TAX INFORMATION NETWORK (TIN) National Securities Depository Limited

2. TIN - For a better tomorrow April 1,2008 onwards online tax payment mandatory by –corporate –entities to whom provisions of section 44AB are applicable Online challan at NSDL website (www.tin-nsdl.com)www.tin-nsdl.com –Enter TAN and non-financial information at NSDL –Online payment at bank –Online challan counterfoil generated by bank on successful tax payment Eliminates digitisation errors by banks TDS / TCS Payment

3. TIN - For a better tomorrow HOME PAGE-TIN WEBSITE

4. TIN - For a better tomorrow E-payment of direct tax

5. TIN - For a better tomorrow

9. TDS / TCS payment – Points to remember Quote correct TAN, name & address on each challan Use same TAN consistently for all types of payment Use separate challans –to deposit tax deducted under each section –to deposit tax deducted for different types of deductees Indicate correct nature of payment Mention the correct A.Y. Verify CIN details uploaded by the banks to TIN Insist on computerised challan counterfoil from bank

10. TIN - For a better tomorrow Status of challan Online challan status track SMS based –Send SMS to 575758 –SMS to contain the word CSI followed by space and CIN (BSR code, tender date, challan serial no.) amount is optional CIN and amount should be comma separated –Eg. CSI 0510001,11032009,5,5000 –Status will display TAN / PAN Whether amount matched or not Received in TIN (date) –SMS charges may vary from one service provider to another

11. TIN - For a better tomorrow OLTAS-Challan Status Enquiry

12. TIN - For a better tomorrow OLTAS-Challan Status Enquiry

13. TIN - For a better tomorrow Challan Status Enquiry

14. TIN - For a better tomorrow Challan Status Enquiry

15. TIN - For a better tomorrow Challan Status Enquiry

16. TIN - For a better tomorrow Preparation of e-TDS return – Points to remember Prepare return –as per the file format specified by ITD Using –NSDL RPU (latest version on the TIN website) –third party software –in house Use the same TAN to deposit tax and TDS / TCS return Quote the correct TAN, name & address of deductor Obtain & quote correct PAN of all the deductees –In 24Q, 95% mandatory deductee PAN –In 26Q & 27EQ, 85%mandatory deductee PAN Return can be filed only for deductee records having valid PAN Provide Salary details (Annexure 2) only for Quarter 4 (Form 24Q)

17. TIN - For a better tomorrow Mention the correct CIN as provided by the bank Challan amount should be same as that deposited in the bank Do not mention the challan form no. (i.e. ITNS 281) as challan serial no. in the statement Validate the statement through File Validation Utility (latest version on the TIN website) Preparation of e-TDS – Points to remember

18. TIN - For a better tomorrow Submission of e-TDS Statement Submit TDS / TCS statement –to TIN-FC.fvu file in CD / floppy Physical Form 27A –Direct upload to NSDL Register online at NSDL website DSC based authentication CD/ floppy and physical Form 27A not required Online view of status of return

19. TIN - For a better tomorrow e-TDS/TCS Statements - Charges No. of recordsUpload fee (Rs.)* Upto 10030 101 to 1000182 More than 1000606 *Inclusive of taxes No charge for statement not accepted.

20. TIN - For a better tomorrow Save.fvu file of all TDS/TCS statements filed Preserve all Provisional Receipts (PRN) File correction return to make changes in the TDS /TCS return filed Correction return can be filed only if ‘original’ return is accepted in TIN Check status of return prior to filing correction return e-TDS/TCS Statements – Key points

21. TIN - For a better tomorrow Feedback to Deductors Online views Non filer letters Inconsistency letters

22. TIN - For a better tomorrow Online Views Challan Status Enquiry Quarterly Statement Status Refund Status Annual Tax Statement (Form 26AS)

23. TIN - For a better tomorrow Quarterly Statement status Status displayed on the basis of TAN & Provisional Receipt number. Following details can be viewed: –Whether statement has been uploaded to TIN central system by TIN-FC –Status of statement at TIN (accepted / rejected) –Status of challan (booked / unmatched) – Number of deductees whose PAN accounts have been booked. – Line no. of deductees in statements whose PAN accounts could not be booked. – Confirm whether a specific PAN account has been booked.

24. TIN - For a better tomorrow Quarterly Statement Status

25. TIN - For a better tomorrow Quarterly Statement Status

26. TIN - For a better tomorrow Quarterly Statement Status

27. TIN - For a better tomorrow Quarterly Statement Status

28. TIN - For a better tomorrow Quarterly Statement Status

29. TIN - For a better tomorrow Refund Status

30. TIN - For a better tomorrow

31. Form 26AS is a consolidated tax statement issued under Rule 31 AB of Income Tax Rules. Form 26AS with respect to a financial year includes details of:  All tax deducted at source (TDS);  All tax collected at source (TCS); and  All advance tax/self assessment tax/regular assessment tax /Fringe Benefit Tax etc., deposited in the bank by the taxpayers (PAN holders). Annual Tax Statement (Form 26AS)

32. TIN - For a better tomorrow Benefits of Form 26AS PAN holder can verify the following: TDS / TCS has been deposited to the Government account Deductor/collector has accurately filed the TDS/TCS statement giving details of the tax deducted/collected on the deductees behalf Bank has properly furnished the details of tax (e.g. Advance Tax, Self-assessment Tax etc.) directly deposited by the tax payer Consolidated tax statement (Form 26AS) as a proof of tax deducted/collected

33. TIN - For a better tomorrow Form 26AS

34. TIN - For a better tomorrow Real Life Form 26AS

35. TIN - For a better tomorrow Form 26AS

36. TIN - For a better tomorrow Registration at TIN website (www.tin-nsdl.com)www.tin-nsdl.com Successful Registration-Acknowledgment Slip will be displayed Verification and Authorisation by TIN-FC  Verification mode  PAN holder to visit TIN-FC – Rs. 17  TIN-FC to visit PAN holder – Rs. 110 Registration for view of Form 26AS

37. TIN - For a better tomorrow Proof of Identity  Individual: PAN Card in original with a copy  HUF: PAN Card of HUF and PAN Card of Karta  Non-individual/HUF: 1.PAN Card in original with a copy 2.Authority Letter 3.PAN Card of Authorized Individual Status of registration available on NSDL website Three days after authorisation Form 26AS can be viewed online Verification & Authorisation

38. TIN - For a better tomorrow Inconsistencies – Common errors Challan details –BSR Code –Cheque tender date –Challan serial number –TAN –Amount –Do not split challans as per deductees Deductee details –Deductee serial numbers (for each challan, start from 1)

39. Form 26AS feedback from PAN holders Credit does not belong to PAN holder Deductor not taking corrective action More than one entry for the same payment Incorrect / incomplete credit Credit not available TIN - For a better tomorrow

40. Rectification of errors Errors in challan by Bank or Taxpayer –Bank can rectify three types of errors: Name of the deductor Amount Major Head code –For any other corrections, contact Assessing Officer Errors in TDS/TCS statements –File correction statement

41. TIN - For a better tomorrow What’s new Challan status through SMS Online reset password facility to view Form 26AS Direct display of Form 26AS to net banking customers of banks BSR code check in FVU TAN registration Additional validations in e-TDS / TCS returns Verification of challan details uploaded by banks with challan details in e-TDS / TCS return in FVU

42. TIN - For a better tomorrow Tel : 020-27218080 (hunting line) Fax: 020-27218081 email: tininfo@nsdl.co.intininfo@nsdl.co.in Timings: 9.30 a.m. to 8.00 p.m. Monday - Friday 9.30 a.m. to 6.00 p.m. Saturday TIN Call Centre (TCC)

43. TIN - For a better tomorrow THANK YOU